Export duty of wheat from Russia from February 23 will decrease to $91 per ton

The duty on export of wheat from Russia from February 23 to March 2 will decrease to $91 per ton against $92.8 a week earlier, the Ministry of Agriculture of the Russian Federation said.

The export duty on barley will decrease from $74.1 to $73.3 per ton, the duty on corn will decrease from $52.7 to $52.2 per ton.

The export duty rate for wheat and meslin (a mixture of wheat and rye) is calculated on the basis of an indicative price of $330.1 per ton, for barley – at a price of $289.8 per ton, for corn – $259.6 per ton. The rates are applied from the third working day after the day of their placement and are valid until the next duty rates are applied.

Zerno.Ru

Tags: corn, barley, wheat, export duty, Russia